Price
$0.33
11/30/2022, 1:16:16 PM
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TomoChain can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$30.4M

Volume (24h)

$5.3M

Circulating supply

93.5M TOMO

All time high

$3.92

Price change (1h)

-0.34%

Price change (24h)

+3.35%

Price change (7d)

+6.54%

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TomoChain is on the rise this week.

The price of TomoChain has risen by 6.54% in the past 7 days. The price increased by 3.35% in the last 24 hours. In just the past hour, the price shrunk by 0.34%. The current price is $0.33 per TOMO. TomoChain is 91.70% below the all time high of $3.92.

The current circulating supply is 93,492,000 TOMO.

About

What Is TomoChain (TOMO)?

TomoChain (TOMO) is a project that endeavors to enhance the scalability of the blockchain. According to its website, TomoChain is a scalable public blockchain that supports high transaction speeds without compromising decentralization. The Tomochain network claims to utilize an innovative consensus method called Proof of Stake Voting (PoSV). PoSV consensus is a blockchain protocol based on PoS (Proof-of-Stake) with a fair voting mechanism, rigorous security guarantees, and uniform probability. The platform also claims that this consensus incentivizes all TomoChain token-holders to actively staking across the network. Further, the TomoChain blockchain and its product ecosystem seek to allow enterprises, entrepreneurs, and institutions to build high-performance, feature-rich blockchain projects on an improved EVM-compatible platform.

As per its website, the mission of TomoChain is to speed the onboarding of millions of users by equipping today's applications with technology that covers the friction of Blockchain while preserving its fundamental benefits. The network concentrates on bringing more Decentralized Finance (DeFi) products that are functional and accessible to all types of end-users. Furthermore, the Tomochain team plans to expand their Dapps (Decentralized Application) & game ecosystem to accommodate more developers to create products and surpass their talents.

The Proof-of-Stake Voting consensus used in TomoChain enables its infrastructure to support low fees and a two-second transaction validation time. TomoChain claims to process two thousand transactions per second (TPS) currently. According to its whitepaper, the PoSV consensus has the following vital novelties.

  • Quick validation time and efficient checkpoints for final verification.

  • Randomization provides security.

  • Double validation to boost safety and decrease the risk of a blockchain fork.

History of TomoChain (TOMO)

Long Vuong is the founder of the TomoChain network and released the whitepaper on May 30, 2018. He is an experienced technologist, entrepreneur, and product manager.

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FAQ

What is the current price of TomoChain?

The price of 1 TomoChain currently costs $0.33.

What is the market cap of TomoChain?

The current market cap of TomoChain is $30.41M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of TomoChain?

The all-time high of TomoChain is $3.92. This all-time high is highest price paid for TomoChain since it was launched.

What is the 24 hour trading volume of TomoChain?

Over the last 24 hours, the trading volume of TomoChain is $5.33M.

What other assets are similar to TomoChain?

Assets that have a similar market cap to TomoChain include Santos FC Fan Token, Akash Network, NvirWorld, and many others. To see a full list, see our comparable market cap assets.

How many TomoChain are there?

The current circulating supply of TomoChain is 93 million.